Sun Art Retail Group Limited — Director's Dealing 2017

Dec 15, 2017

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Public Disclosure Form

15 December 2017

Possible mandatory general offer

Disclosure of dealings in the shares of Sun Art Retail Group Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase	Number of shares	Price per share	Resultant balance	Percentage of class
		/ Sale			(including those of	(including those of
					any person with whom	any person with whom
					there is an agreement	there is an agreement
					**or understanding) **	**or understanding) **
HSBC Bank U.S.A.	1 December	Purchase	9,663	$7.7903	155,633	0.0000%
N.A.	2017

End

Note:

HSBC Bank U.S.A. N.A. is a Class (2) associate connected with the Offeree company. Dealings were made for the account of discretionary investment clients. HSBC Bank U.S.A. N.A. is ultimately owned by HSBC Holdings plc. The disclosure form was received by the Executive on 15 December 2017.